Marui Group Co ( (MAURF) ) has released its Q2 earnings. Here is a breakdown of the information Marui Group Co presented to its investors.
Marui Group Co., Ltd., a prominent player in the retail and financial services sector, is known for its unique business model that integrates retailing and FinTech services. In its latest earnings report, Marui Group Co. announced a significant increase in its financial performance for the six months ending September 30, 2024. The company reported a 10.5% rise in operating revenue and a 15.1% increase in operating profit compared to the previous year. Notably, the profit attributable to owners of the parent company reached 12,149 million yen, marking a 5.9% growth.
The earnings report highlighted a surge in group transactions, reaching a record high of 2.3829 trillion yen, largely driven by FinTech’s card credit transactions. Marui Group’s retailing segment also saw an impressive 67% increase in operating profit, supported by strategic initiatives such as experience-oriented stores and eventful retail environments. The FinTech segment continued to thrive with a 6% rise in operating profit, bolstered by increased credit card transactions and a growing number of Epos cardholders.
Marui Group’s financial position remains strong, with total assets amounting to 1,089.4 billion yen and a shareholder’s equity of 254.7 billion yen. The company also maintained a steady dividend policy, forecasting an annual dividend increase for the 13th consecutive period. Marui Group expects further growth, projecting an 8.1% rise in full-year operating revenue and a 9.7% increase in operating profit for the fiscal year ending March 31, 2025.
Looking ahead, Marui Group aims to enhance its corporate value through strategic investments in retailing, FinTech, and forward-looking initiatives. The company is committed to promoting an inclusive society and leveraging its unique business model to achieve sustainable growth. Marui Group’s management remains optimistic about the future, focusing on expanding its customer base and enhancing shareholder returns.
